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Adoption of first ‘Partnership Agreement’ 2014-2020

May 5, 2014 | News

(05 May 2014) – The European Commission has adopted the first of 28 “Partnership Agreements” that set down the strategies in EU member states and regions for European Structural and Investment Funds.

Today’s agreement was signed with Denmark and will pave the way for €553 million (current prices) in total Cohesion Policy funding and €629 million for rural development to be invested in the country’s real economy. The allocation under Fisheries and Maritime Policy will be finalised and published this summer.

The EU investments will boost competitiveness, tackle unemployment and growth through support to innovation, the low carbon economy and training and education. They will also promote entrepreneurship, fight social exclusion and strive for an environmentally friendly and resource-efficient economy.

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